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Sep 29, 2013
09/13
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ceiling, but in return, we got the sequester, which cut over ten years, $1.2 trillion in discretionary spending. so i beg to differ with the president on his point on legislating, but other than that, we should not shut down the government. >> senator isaacson, thank you so much, and good luck to you. i long for the day we can talk long-term solutions and crisis-to-crisis governmeing. >>> speaking of a crisis, the financial crisis isn't over, at least for jpmorgan. ceo jamie dimon met with attorney general eric holder this week. the bank is facing charges of $11 billion for its role in the 2008 collapse. jpmorgan is accused of selling toxic mortgages and hiding the risk. for more stories that matter to your money, give me 60 seconds on the clock. it's "money time." illegal immigration is on the rise after falling during the recession. the attraction, low-wage jobs are being added. there's also optimism that congress will eventually reform immigration to provide a pathway to citizenship. more happy housing news, home prices jumped 12.4% from july a year ago, and even with rising mortgag
ceiling, but in return, we got the sequester, which cut over ten years, $1.2 trillion in discretionary spending. so i beg to differ with the president on his point on legislating, but other than that, we should not shut down the government. >> senator isaacson, thank you so much, and good luck to you. i long for the day we can talk long-term solutions and crisis-to-crisis governmeing. >>> speaking of a crisis, the financial crisis isn't over, at least for jpmorgan. ceo jamie...
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Feb 23, 2013
02/13
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forced spending cuts created during the 2011 debt ceiling debacle. it was a worst case scenario that was designed to be so bad lawmakers would be forced to make a budget deal to prevent it. but now it looks like the most vulnerable in our society will be paying the price for washington's inaction. 70,000 children from lower income families will lose their spots in head start programs, putting more than 14,000 teaching and staff jobs at risk. cuts to mental health programs mean almost 400,000 seriously mentally ill people would go untreated. and more than 100,000 people would be thrown out of emergency housing and back on to the streets. 3.8 million americans on unemployment would see their benefits fall by 9.4%. that's about $400 less they'll get through the end of the year. everyone, though, will feel this one way or another. while washington, washington plays a blame game. >> the bottom line is very simple. the republicans have proposed devastating cuts. >> washington democrats have gotten used to republicans bailing them out of their own lack of r
forced spending cuts created during the 2011 debt ceiling debacle. it was a worst case scenario that was designed to be so bad lawmakers would be forced to make a budget deal to prevent it. but now it looks like the most vulnerable in our society will be paying the price for washington's inaction. 70,000 children from lower income families will lose their spots in head start programs, putting more than 14,000 teaching and staff jobs at risk. cuts to mental health programs mean almost 400,000...
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Jan 27, 2013
01/13
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congress voted to suspend the debt ceiling for three months and figure out deeper cuts to reduce the deficit. that keeps me employed for a few more months. but even before that deadline hits, again, march 1st will be on us. the so-called sequester deadline. that's a stupid washington name for a stupid and dangerous washington creation. the automatic across the board spending cuts. and then there's another date to worry about, april 15th. not just tax filing day, but the date by which congress has promised to adopt a budget resolution. they've even this time staked their pay on it, agreeing to reach a deal or face suspension of their paychecks until they reach a deal. that might just be enough of a carrot to present a budget that takes on our ballooning deficit. but the battle over that deficit make that recent battle over tax hikes for the rich seem like a friendly game of badminton. big spending cuts are needed and they will hit americans where it hurts. health care, medicare, social security. president obama emboldened by his re-election has already drawn his so-called line in the
congress voted to suspend the debt ceiling for three months and figure out deeper cuts to reduce the deficit. that keeps me employed for a few more months. but even before that deadline hits, again, march 1st will be on us. the so-called sequester deadline. that's a stupid washington name for a stupid and dangerous washington creation. the automatic across the board spending cuts. and then there's another date to worry about, april 15th. not just tax filing day, but the date by which congress...
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Sep 27, 2013
09/13
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for an increase to the debt ceiling. >> the president says i'm not going to negotiate. well, i'm sorry, but it just doesn't work that way. >> we call on the president now to sit down with us! harry reid to sit down with us! let's solve the problem! >> reporter: jim acosta, cnn, the white house. >> of the got ficials say small and spanish language insurance enrollment services will not begin as planned on october 1st. these folks will not be able to enroll online until november. instead they have to use old-fashioned faxes or paper forms in the mail. this, of course, is designed to get as many on the health rolls as possible but it adds the delay of a clunky fallout. >>> at the united nations, agreement among the major players on a security council resolution on syria. it would impose legally finding obligations on the syrian government to eliminate chemical weapons. a state department official called it breakthrough through hard-fought diplomacy. the official says the syrian resolution makes it clear there will be consequences if the assad regime fails to comply. >>> se
for an increase to the debt ceiling. >> the president says i'm not going to negotiate. well, i'm sorry, but it just doesn't work that way. >> we call on the president now to sit down with us! harry reid to sit down with us! let's solve the problem! >> reporter: jim acosta, cnn, the white house. >> of the got ficials say small and spanish language insurance enrollment services will not begin as planned on october 1st. these folks will not be able to enroll online until...
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Sep 22, 2013
09/13
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ceiling. >> there' no more cuts to make. it's really important that people understand that. we all want to reduce the deficit. remember this, president obama, when he became president, he said, i'm going to cut the deficit in half in four years. he did it in four years and three months. he did that. he's on a path to deficit reduction, we're all committed to that. put everything on the table, review it. but you cannot have anymore cuts just for the sake of cuts. right now you're taking trophies. >> you don't want to take entitlements. >> we don't want to sit at a table that says there's no place for social security in a civilized stoet. society. >> this isn't just the odd person out in their caucus. and by the way, by the way, the voucherizing of the medicare is in the ryan budget. medicare should wither on the vine. that is in the ryan budget. president washington said as he was leaving, he cautioned political parties at war with their own government. let me introduce you to the republican caucus in the house of representat
ceiling. >> there' no more cuts to make. it's really important that people understand that. we all want to reduce the deficit. remember this, president obama, when he became president, he said, i'm going to cut the deficit in half in four years. he did it in four years and three months. he did that. he's on a path to deficit reduction, we're all committed to that. put everything on the table, review it. but you cannot have anymore cuts just for the sake of cuts. right now you're taking...
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Sep 19, 2013
09/13
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debt ceiling? you say no negotiations whatsoever? >> no, wolf, we've said this, we're happy to discuss spending cuts. we're happy to discuss shutting down some tax loopholes like the ones for big oil companies. in fact, just last night i asked for the eighth time to have a vote in the house on a proposal to replace the sequester with a proposal that would get the same amount of deficit reduction, even more deficit reduction, without the deep, immediate cuts caused by the sequester, which we know are dragging down the economy. republicans wouldn't allow us a vote on that proposal. so, let's be really clear the president is more than happy to negotiate with republicans on budget issues, where to cut, whether to cut tax loopholes. where he will not negotiate is whether or not the united states pays its bills on time, whether or not we live up to the full faith and credit of the united states. and we all know that if the united states ever did default, it would send our economy into a big downward spir
debt ceiling? you say no negotiations whatsoever? >> no, wolf, we've said this, we're happy to discuss spending cuts. we're happy to discuss shutting down some tax loopholes like the ones for big oil companies. in fact, just last night i asked for the eighth time to have a vote in the house on a proposal to replace the sequester with a proposal that would get the same amount of deficit reduction, even more deficit reduction, without the deep, immediate cuts caused by the sequester, which...
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Sep 26, 2013
09/13
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but tying spending cuts to the debt ceiling fight is less controversial than you think. bloomberg came out with a poll today that found that 61% of americans, they want to see some federal spending cuts if we're going to raise the debt ceiling. only 28% of the public agrees with the president and the democrats' position that it should be quote/unquote a clean debt ceiling raise wows any kind of reforms. there's another piece of polling data the president has his eye on, the fact his approval ratings are the lowest they've been in a year and a half. cbs finds it at 43%. when it comes to the economy, only 41%. so i think that debt ceiling negotiation is really an opportunity, really, for the president to get onboard with the american people and start to make major reforms to out of control spending and a very unpopular health care law. >> but how much of that, to my question, how much of that do you think the republicans really think will go through? and why do you think they're doing this? >> well, i think they're trying to hold the democrats' feet to the fire on issues t
but tying spending cuts to the debt ceiling fight is less controversial than you think. bloomberg came out with a poll today that found that 61% of americans, they want to see some federal spending cuts if we're going to raise the debt ceiling. only 28% of the public agrees with the president and the democrats' position that it should be quote/unquote a clean debt ceiling raise wows any kind of reforms. there's another piece of polling data the president has his eye on, the fact his approval...
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Oct 12, 2013
10/13
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ceiling provided there are spending cuts and budgetary measures attached to that. because the reason we're in this debt crisis is because of out of control spending. and we need to have spending talks associated with raising the debt limit. and in terms of opening up the federal government, the democrats -- the republicans want to do that. they put proposals forward to open up the government and fund the government. but they also want to make sure that they listen -- congress listens to the american people and that 75% of the american people have concerns with the implementation of obama care. that's why that is attached to opening up the government. and historical precedent shows that all of these big measures have some type of compromise, some type of agreement in order to have consensus. and that's exactly what the point of having the separation of congress and the president and both houses, the house and senate. that's the point of having that. >> paul, what about that? why hasn't the president negotiated? i mean, just now meeting for the last two days or so, s
ceiling provided there are spending cuts and budgetary measures attached to that. because the reason we're in this debt crisis is because of out of control spending. and we need to have spending talks associated with raising the debt limit. and in terms of opening up the federal government, the democrats -- the republicans want to do that. they put proposals forward to open up the government and fund the government. but they also want to make sure that they listen -- congress listens to the...
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a poll out today finds that 6 in 10 voters want to see spending cuts attached to the debt ceiling hike. they don't want to see it coming after. they want these things put together. it's the same 6 in 10 that was found going into the government shutdown. >> david, what do you think? >> well, look, i think that we have to look at the broad strokes here about what's actually happening. there's been a lot of talk about who's going to win, who's going to lose, and i think what's been lost in this is that the republicans have actually -- and conservatives have actually won a lot of this. remember, we're talking right now about spending levels. essentially it's sequestration levels. that's what we're arguing about. we all remember a couple months ago when having a sequester at all was considered really, really controversial. additionally, what's on autopilot in the government shutdown, what is actually not shut down, are parts of the military industrial complex, parts of the national security state that are republican priorities. so in the broad view, the republican party and the conservative
a poll out today finds that 6 in 10 voters want to see spending cuts attached to the debt ceiling hike. they don't want to see it coming after. they want these things put together. it's the same 6 in 10 that was found going into the government shutdown. >> david, what do you think? >> well, look, i think that we have to look at the broad strokes here about what's actually happening. there's been a lot of talk about who's going to win, who's going to lose, and i think what's been...
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Oct 11, 2013
10/13
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you could have a situation where you don't raise the debt ceiling and people have to go and really cut and get the country back into shape. there were those who say that could happen, also. >> would you feel comfortable about the debt ceiling limit not being extended as somebody who had so many fingers and business pies in america. >> the word is a hard word. i'm not comfortable with it but i will say something has to be done to get there. we can continue to get this way. we're looking at numbers that are staggering and going up at a staggering rate. something has to be done. they have to make deals. they have to sit down and say we have to do something. you look at what is happening with other countries, how they are -- look, i've been doing this with you for a long time. it never changes. nobody does anything. when you look at china and countries the way they take advantage of this country. china gets their oil and come through the straights. to come through the straights we protect the straights. china gets most of the oil and europe, by the way, we get 10% of the oil and yet, we sp
you could have a situation where you don't raise the debt ceiling and people have to go and really cut and get the country back into shape. there were those who say that could happen, also. >> would you feel comfortable about the debt ceiling limit not being extended as somebody who had so many fingers and business pies in america. >> the word is a hard word. i'm not comfortable with it but i will say something has to be done to get there. we can continue to get this way. we're...
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Oct 10, 2013
10/13
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ceiling in 2006. >> i voted against a debt ceiling increase at the time because i have some concerns about what president bush was doing. >> reporter: specifically the bush tax cuts, and he argued it's okay for certain republicans to protest policies with a no vote but he said there must be a vote. >> there should never be a proposition where the speaker of the house is not willing to put those votes to the floor right now. >> reporter: congress isn't faring well in this budget fight. new gallup poll shows republicans with a 28% favorable rate, down ten points since last month, the lowest for any party since 1992. democrats slid four points to 43%. the white house invited all house republicans to the white house for this meeting today, carol, but ultimately republican leadership pared that down to about a dozen and a half members, all in leadership or key committee chairs. they are the ones who will be coming here. they said they want to negotiate and that's really not possible to do with 200 plus members here but a white house official tells me president obama wanted to make his cas
ceiling in 2006. >> i voted against a debt ceiling increase at the time because i have some concerns about what president bush was doing. >> reporter: specifically the bush tax cuts, and he argued it's okay for certain republicans to protest policies with a no vote but he said there must be a vote. >> there should never be a proposition where the speaker of the house is not willing to put those votes to the floor right now. >> reporter: congress isn't faring well in this...
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Oct 14, 2013
10/13
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you like revenue versus cuts, things like that. but i think it's misleading to say that's what boehner was doing, because he was asking to negotiate on the debt ceiling. >>> nothing, you know, says have a substantive debate like a tea party really with sarah palin, ted cruz an the conphet rat flag. so this entire crisis that ted cruz led us down, hundreds of thousands of people not getting a paycheck, that's not even counting the many small businesses that are dependent upon government across the country. you have consumer confidence at an all-time low this year, and you have a new "the washington post"/abc poll out that shows republicans at a record low, handling a budget negotiations, republicans are at 21%, so 1 out of 5 americans approve of what republicans are doing. so that means they're even losing republicans. so if you were in the senate and you were advising mitch mcconnell, what would you tell hem to do here? >> so first i've been public in saying that the tactic of trying to link a continuing resolution for the governme
you like revenue versus cuts, things like that. but i think it's misleading to say that's what boehner was doing, because he was asking to negotiate on the debt ceiling. >>> nothing, you know, says have a substantive debate like a tea party really with sarah palin, ted cruz an the conphet rat flag. so this entire crisis that ted cruz led us down, hundreds of thousands of people not getting a paycheck, that's not even counting the many small businesses that are dependent upon government...
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Oct 12, 2013
10/13
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ceiling provided there are spending cuts and budgetary measures attached to that because the reason we're in the crisis is because of out of control spending and we need spending talks associated with raising the debt limit and in terms of opening up the federal government, the democrats and republicans want to do that. they put proposels forward to on and fund the government but want to make sure they listen, congress listens to the american people and 75% of the american people have concerns with the implantation of obama care, that's why that is attached to opening up the government. a historical president shows that all of these big measures have some type of compromise, some type of agreement to have consensus and that's what the point of having the separation of congress and the president and both houses -- the house and senate, that's the point. >> paul, what about that? i mean, why hasn't the president, you know, negotiated? i mean, just now meeting, you know, for the last two days or so, shouldn't this have happened long ago? >> i mean, it's been well reported that the bill
ceiling provided there are spending cuts and budgetary measures attached to that because the reason we're in the crisis is because of out of control spending and we need spending talks associated with raising the debt limit and in terms of opening up the federal government, the democrats and republicans want to do that. they put proposels forward to on and fund the government but want to make sure they listen, congress listens to the american people and 75% of the american people have concerns...
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Oct 11, 2013
10/13
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they want the debt ceiling attached the spending cuts. i mean, there's a lot of sort of reaction you could look at here. but i think the take away is that republicans are divided on the tactics over how to achieve all the same things. all republicans want entitlement reform, tax reform, spending cuts, deficit cuts, and to end obama care. we're absolutely divided. i'm not saying this is a good thing. we're absolutely divided on how to achieve those things and in what order. >> chris, we've got to run. if you can do it in two seconds. >> the takeaway is that the republicans are wrong about the positions, not the tactics. >> all right, that was five seconds, but i'll led it slide. thank you, chris kofinis. thank you, s.e. cupp. appreciate it. catch s.e. on "crossfire" tonight, 6:30 eastern on cnn. >>> coming up, one of the most bizarre stories i have heard in a long time. a plot to kidnap and torture men to force them to divorce their drive wives. you will not believe who police say was behind it. >> and jetblue has a new plan that wants cus
they want the debt ceiling attached the spending cuts. i mean, there's a lot of sort of reaction you could look at here. but i think the take away is that republicans are divided on the tactics over how to achieve all the same things. all republicans want entitlement reform, tax reform, spending cuts, deficit cuts, and to end obama care. we're absolutely divided. i'm not saying this is a good thing. we're absolutely divided on how to achieve those things and in what order. >> chris, we've...
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Sep 27, 2013
09/13
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trading budget cuts for an increase to the debt ceiling. >> the president says i'm not going to negotiate. >> reporter: sorry. >> it just doesn't work that way. >> we call on the president now, harry reid, to sit down with us and let's solve the problem. >> reporter: as for the issue that's been at the heart of the threats of a government shutdown, obamacare, yesterday the obama administration acknowledged a couple of glitches with the rollout, the implementation of this health care law. online signup for small businesses to provide coverage for their employees, that will not be ready until november 1st and spawn language signup for these online insurance exchanges, that, too, has hit a delay. the administration says that will be worked out in time. but, chris and kate, getting back to this threat of a government shutdown, the office of management and budget here at the white house plan on sending out a new parameters, new guidelines to federal agencies across the government today that sort of get them ready for what might happen on monday if we go into a shutdown. but of course all of th
trading budget cuts for an increase to the debt ceiling. >> the president says i'm not going to negotiate. >> reporter: sorry. >> it just doesn't work that way. >> we call on the president now, harry reid, to sit down with us and let's solve the problem. >> reporter: as for the issue that's been at the heart of the threats of a government shutdown, obamacare, yesterday the obama administration acknowledged a couple of glitches with the rollout, the implementation...
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Oct 10, 2013
10/13
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but a debt ceiling that doesn't have the spending cuts and other strings attached that? conservatives have been demanding. in exchange for that what they wanted him to agree to was to sit down and talk about the big issues they have to the come together on frankly for two, three years. big, big issues that everybody believes need to be addressed, but they have very different philosophies on how to do so with regard to entitlements, with regard to taxes, with regard to the overall level of government spending. those are the things they wanted to discuss with the president. you know, again, as you and i have talked about so many times over the past ten days or more, we still have a potential chicken or egg situation, which is the best way to describe this. jim just played a quick sound bite from the senate majority leader harry reid, who said it's not going to happened, when asked if they would agree to extend the debt ceiling without opening the government. maybe that was part of the discussion. maybe the president said, obviously i don't want to let the country default,
but a debt ceiling that doesn't have the spending cuts and other strings attached that? conservatives have been demanding. in exchange for that what they wanted him to agree to was to sit down and talk about the big issues they have to the come together on frankly for two, three years. big, big issues that everybody believes need to be addressed, but they have very different philosophies on how to do so with regard to entitlements, with regard to taxes, with regard to the overall level of...
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Oct 16, 2013
10/13
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i would remind you, pierce, that over the last 40 years or so, we had 53 lifts to the debt ceiling. 27 of those have yielded spending cuts to what our nation spends. all of those have been negotiated with some type of policy reform. and we have talked about this previously on your show. standard operating procedure in dealing with budgets and continuing resolutions and debt ceilings has been for one side to take their plan, the other side to thick plake their plan be at the negotiating table and take this out. it's a blatant lack of leadership on full display for the world to see that we have a president who has chosen that he would rather see a shut down than go to the table, who is waiting until the last day to meet everyone at the negotiating table. that is unfortunate. it is something that i wish had not happened. we have continued in good faith to pass a budget every year, to send it to the senate. to pass appropriation bills, which is the way we fill out or budget, send them to the senate. it is the senate that chooses not to take the action. that is harry reid's choice and decis
i would remind you, pierce, that over the last 40 years or so, we had 53 lifts to the debt ceiling. 27 of those have yielded spending cuts to what our nation spends. all of those have been negotiated with some type of policy reform. and we have talked about this previously on your show. standard operating procedure in dealing with budgets and continuing resolutions and debt ceilings has been for one side to take their plan, the other side to thick plake their plan be at the negotiating table...
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Feb 24, 2013
02/13
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were created during the 2011 debt ceiling debacle. passed by congress and signed by the white house, a worst-case scenario that would be so bad it would force lawmakers to make a deal. now it's become a poison pill that the nation may have to swallow, beginning march 1st. and if it happens, 70,000 children kicked off head start programs, putting more than 14,000 teachers and staff jobs at risk. fewer inspections for things like horsemeat in your burgers. cuts to mental health problems mean almost 400,000 seriously mentally ill people will go untreated. homeland security draw downs would result in longer wait times at airports and scaled-back cybersecurity would mean more vult to attacks from hackers in china and at home, threatening our infrastructure. furloughs and layoffs would affect more than 800 workers in the defense industry at the same time that north korea is testing a nuclear bomb. cuts at the irs would mean fewer tax return reviews and longer waits to get refunds. and more than 100,000 people would be thrown out of emergenc
were created during the 2011 debt ceiling debacle. passed by congress and signed by the white house, a worst-case scenario that would be so bad it would force lawmakers to make a deal. now it's become a poison pill that the nation may have to swallow, beginning march 1st. and if it happens, 70,000 children kicked off head start programs, putting more than 14,000 teachers and staff jobs at risk. fewer inspections for things like horsemeat in your burgers. cuts to mental health problems mean...
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Oct 15, 2013
10/13
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he was asking to negotiate on the debt ceiling. >> for a crisis he created. carly i want to bring you in here. we were just having a -- i would call that a substantive conversation. nothing says this have a substantive debate like a tea party rally with sarah palin and ted cruz and a confederate flag like we saw yesterday. this crisis that ted cruz led us down. hundreds of thousands of people not getting a paycheck and not talking about the small businesses that are dependent on the government across the country. consumer confidence at a an all time low and a new poll showing republicans at a record low, handling a budget negotiations, republicans are at 21%. one out of five americans approve of what republicans are doing. that means they are even losing republicans. so if you were in the senate and you were advising mitch mcconnell what would you tell him to do here? what's the way out of this? >> first, i have been public in seeing the tactic of trying to link the resolution of the government with defunding obama care was foolish. it was inevitably going to
he was asking to negotiate on the debt ceiling. >> for a crisis he created. carly i want to bring you in here. we were just having a -- i would call that a substantive conversation. nothing says this have a substantive debate like a tea party rally with sarah palin and ted cruz and a confederate flag like we saw yesterday. this crisis that ted cruz led us down. hundreds of thousands of people not getting a paycheck and not talking about the small businesses that are dependent on the...
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Feb 10, 2013
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the results of a deal to end a debt ceiling debacle in 2011. next while congress takes a two-week break for easter and passover, funding for the federal government will expire. that means a shut-down if congress doesn't act in time. and april 15th, thanks to the no budget, no pay act, the house and senate must pass a senate or they stop getting paychecks and on may 18th, the current debt ceiling suspension ends. with no deal even the threat of the u.s. defaulting could again result in the downgrade of america's credit rating. the consequences for you could be dire. your borrowing costs would likely rise along with your taxes. you could expect cuts to the programs and government services you rely on. jon king is cnn's national correspondent. jon, president obama says he wants a big deal on budgets and debt. he won the battle for public opinion. he won a second term while congressional approval continues to be super low. is there something more he could be doing to end the small thinking about big problems that has become the norm in our nation's
the results of a deal to end a debt ceiling debacle in 2011. next while congress takes a two-week break for easter and passover, funding for the federal government will expire. that means a shut-down if congress doesn't act in time. and april 15th, thanks to the no budget, no pay act, the house and senate must pass a senate or they stop getting paychecks and on may 18th, the current debt ceiling suspension ends. with no deal even the threat of the u.s. defaulting could again result in the...
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Feb 12, 2013
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. >> reporter: if you look at the fact you raised the debt ceiling without spending cuts, is that a sign of understanding the art of legislating a little bit more, being more sophisticated in the ways of washington? >> it's a sign of recognizing opportunity in the next few months and give the president to reach out a hand and help us fix this country. >> reporter: all three lawmakers say they'll be listening for tonight. this is the beginning of the president's second term but they question whether or not his foe discuss on electing a democratic house than reaching out and getting something done the first two years of his last four years. >> dana, he also talked to them about lincoln. ed what what did they say? >> reporter: today is lincoln's birthday, people may not realize that. the president is entranced and taken back by the "lincoln" movie. i asked their perspective and got a really interesting few answers. the movie "lincoln" the president quotes and walks around the white house doing it. are there any lessons you can take from that going forward? >> i saw it three times. >> really
. >> reporter: if you look at the fact you raised the debt ceiling without spending cuts, is that a sign of understanding the art of legislating a little bit more, being more sophisticated in the ways of washington? >> it's a sign of recognizing opportunity in the next few months and give the president to reach out a hand and help us fix this country. >> reporter: all three lawmakers say they'll be listening for tonight. this is the beginning of the president's second term but...
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it would end the shutdown, increase the debt ceiling by six months. that is a big difference in the six weeks on the house side. it does keep the sequester, those forced cuts, spending cuts, in place. and that is something this the democrats deeply oppose. i want to bring jones into the discussion here on capitol hill. how are democrats reacting to the senate snaide here of the republican plan? any more likelihood that could be something the two sides could agree on? >> hi. well, that's another big question mark here. we've got these different competing plans. we just heard from the chairman of the house democratic caucus that they are still focused on house speaker john boehner bringing to the house floor a clean spending bill. and that's not even really part of the discussion here. what's part of the discussion right now is this bill, this idea, this plan that house republicans presented to the president yesterday. the president -- the white house showing they were please with the fact that these talks are going on. the rhetoric has been dialled bac
it would end the shutdown, increase the debt ceiling by six months. that is a big difference in the six weeks on the house side. it does keep the sequester, those forced cuts, spending cuts, in place. and that is something this the democrats deeply oppose. i want to bring jones into the discussion here on capitol hill. how are democrats reacting to the senate snaide here of the republican plan? any more likelihood that could be something the two sides could agree on? >> hi. well, that's...
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Sep 26, 2013
09/13
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the debt ceiling should be raised without conditions, 28%. raised with spending cuts, 61%. you just heard jay carney, you just heard the president earlier, they're not negotiating as far as raising the debt ceiling. what's going to happen? >> this is why republicans believe they're on firmer ground when they talk about delaying obama care, for example, on the debt ceiling because if you look at that poll, people sort of think and it's intuitive to think we're going to raise the debt ceiling but at the same time we ought to pay attention to how much money we're spending and if you believe that the president's health care plan is in the long run going to cost more money, you might think this is a decent time to do it. however, people do not want to shut down the government so they don't want to see obama care attached to that. but the president, as you point out and as jay carney pointed out, believes that it's extortion to do that. he used the word blackmail today in his speech. he's not going to negotiate on this debt ceiling on obama care. >> there are ways not to negotiat
the debt ceiling should be raised without conditions, 28%. raised with spending cuts, 61%. you just heard jay carney, you just heard the president earlier, they're not negotiating as far as raising the debt ceiling. what's going to happen? >> this is why republicans believe they're on firmer ground when they talk about delaying obama care, for example, on the debt ceiling because if you look at that poll, people sort of think and it's intuitive to think we're going to raise the debt...
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Jan 24, 2013
01/13
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ceiling ultimately unless they get severe spending cuts and the obama administration is not going to give it to them. and you are going to watch the u.s. do crazy, crazy things this year. >> if you are right on those crazy, crazy things, then the rest of us are in for a dreadful, dread full time? >> dreadful. it is going to be so strange for the richest country on earth to cross their arms and say i'm not paying. imagine crossing your arms. you are going to see it this year. >> reporter: now, we have been asking our guests here for the riskometer. on this side we have is the u.s. a bigger threat to global growth in 2013. on this side the e.u. lutnic thinks the u.s. is by far the bigger. as you look overall most people still seem to believe europe is the biggest threat in 2013. by the way, speet tweet me wher think the biggest threat is. >> very official looking. did you make that yourself? >> don't you mock it? it works and it is doing a good job. >> we will have people tweet you and see what they feel about all of this but a lot of power players weighing in on whether or not there i
ceiling ultimately unless they get severe spending cuts and the obama administration is not going to give it to them. and you are going to watch the u.s. do crazy, crazy things this year. >> if you are right on those crazy, crazy things, then the rest of us are in for a dreadful, dread full time? >> dreadful. it is going to be so strange for the richest country on earth to cross their arms and say i'm not paying. imagine crossing your arms. you are going to see it this year....
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Oct 11, 2013
10/13
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ceiling short-term, also reopen the government and then in exchange, include cuts in benefit programs? >> again, i don't think -- i'm not aware of multiple proposals. i think there has been a general discussion and i'm not going to get into details. i will simply say that the president has long believed and has insisted that we cannot allow a situation where one party in one house uses the threat of default to try to extract concessions through budget negotiations. and it is his position that the right thing to do is to remove that gun from the table. extend the debt ceiling in a way that ensures that there iso suggestion or hint that default is an option. because our economy can't endure that kind of approach to resolving our budget differences. you know, a proposal that puts a debt ceiling increase at only six weeks tied to budget negotiations would put us right back where we are today in just six weeks, on the verge of thanksgiving and the obviously important shopping season leading up to the holidays. and that would create enormous uncertainty for our economy. the president speaki
ceiling short-term, also reopen the government and then in exchange, include cuts in benefit programs? >> again, i don't think -- i'm not aware of multiple proposals. i think there has been a general discussion and i'm not going to get into details. i will simply say that the president has long believed and has insisted that we cannot allow a situation where one party in one house uses the threat of default to try to extract concessions through budget negotiations. and it is his position...
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Oct 14, 2013
10/13
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and something to increase the debt ceiling for six to nine months. they insisted all along, and apart from the shutdown argument, that every time in a $17 trillion debt, you come back to the table to increase the debt ceiling, you have to make adjustments to your fiscal policy. that's actually not unreasonable. defunding obama care was never going to happen. i think in the house, you could see pushback unless there's some kind of give on something else besides just opening the government. keeping sequester in place until december 15th and then having a debt ceiling increase that lasts up to nine months. >> on the point of the medical device tax delay, ron, would that -- we have heard from the president. we heard also from harry reid. no negotiating when it comes to obama care. would that be seen as a concession from democrats? >> it's difficult because the medical device tax is not central to the obama health care law and there are democrats who are critical of it largely because they have interested in their own states that are affected by it, but i
and something to increase the debt ceiling for six to nine months. they insisted all along, and apart from the shutdown argument, that every time in a $17 trillion debt, you come back to the table to increase the debt ceiling, you have to make adjustments to your fiscal policy. that's actually not unreasonable. defunding obama care was never going to happen. i think in the house, you could see pushback unless there's some kind of give on something else besides just opening the government....
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Feb 10, 2013
02/13
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this is not like the debt ceiling. the debt ceiling we were all terrified. if we even went a few hours with the u.s. government not paying interest on its debt, then god knows what would have happened. this is not like that. this is something where the negative effects kick in gradually. the world won't end if we go a month into this thing, so he can afford to wait, where i believe the republicans will have to cave eventually. what he should be looking for is i think some face-saving way for everybody to just kick this can down the road. we shouldn't be doing anything right now. >> [ inaudible ]. >> we could have some vague spending cuts promised in the future, some real revenue sources. >> all in the future. because you don't want any austerity now. >> this is a terrible time to do it now. >> i think his reaction depends on whether or not the republicans can hold their coalition together. and if they can create a coalition that holds together, which might even include some democrats, i think they can prevail on this issue and get a small amount of cost redu
this is not like the debt ceiling. the debt ceiling we were all terrified. if we even went a few hours with the u.s. government not paying interest on its debt, then god knows what would have happened. this is not like that. this is something where the negative effects kick in gradually. the world won't end if we go a month into this thing, so he can afford to wait, where i believe the republicans will have to cave eventually. what he should be looking for is i think some face-saving way for...
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they say a clean debt ceiling increase is the only thing they'll look at at this point, wolf. >> the rhetoric on both sides still very angry and furious. thanks, jim acostsa. we heard john boehner suggest that -- to errands the government shutdown very quickly if he simply wanted to. cnn has been counting votes out there. let's bring our dana bash. the vote count shows it potentially could be very tight? >> very tight. >> cnn has been done our own count, to see whether a clean funding bill would actually pass. what they have done is identified 200 democrats that had vote yes. that does include, as we talked about last hour, five conservative democrats who didn't sign on to a letter over the weekend. that means that all house democrats have pledged to vote yes. as for republicans, the key here, 14 republicans have publicly stated or told cnn that they would vote for a clean, continuing resolution to fund and reopen the government. that's three votes shy needed to pass a bill in the house right now. as you've heard, wolf, from charlie dent in the last hour, he told me, told you earlier
they say a clean debt ceiling increase is the only thing they'll look at at this point, wolf. >> the rhetoric on both sides still very angry and furious. thanks, jim acostsa. we heard john boehner suggest that -- to errands the government shutdown very quickly if he simply wanted to. cnn has been counting votes out there. let's bring our dana bash. the vote count shows it potentially could be very tight? >> very tight. >> cnn has been done our own count, to see whether a clean...
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Feb 15, 2013
02/13
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congress and the president agreed to it all as a way to escape the debt ceiling crisis of 2011. >> serious cuts at air ports, seaports. >> reporter: at a hearing a slew of president obama's cabinet secretaries warned what's coming. >> the damage here would be irreparable. i wish i had a magic wand to wave, i simply don't have that. >> reporter: in addition to tsa cuts creating longer airport security lines, the department of homeland security may have to lose the equivalent of 5,000 agents at border and slice $1 billion from fema. education cuts, 70,000 children could be kicked out of head start problems for low-income families. the pentagon may have to furlough thousands of defense workers. >> we might as well just pack up and go home. because if we're just going to have across the board cuts what is the point of our being here? >> reporter: while democrats and moderate republicans want to slam on the sequester brakes, some conservative lawmakers are cheering on the cuts. >> not only should the sequester stand, many pundits say the sec questions administer's far short. that we need $4 tri
congress and the president agreed to it all as a way to escape the debt ceiling crisis of 2011. >> serious cuts at air ports, seaports. >> reporter: at a hearing a slew of president obama's cabinet secretaries warned what's coming. >> the damage here would be irreparable. i wish i had a magic wand to wave, i simply don't have that. >> reporter: in addition to tsa cuts creating longer airport security lines, the department of homeland security may have to lose the...
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Oct 11, 2013
10/13
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those decisions aimed at cutting exposure should a debt ceiling disaster occur. let me be clear. that means that team running big money, big players of the market are not just going assume that washington is fixing this. trading revenue is expected to be week. analysts looking for less than stellar loan growth and they will be watching what is happening in the banks. also is jp morgan and jamie dimon close to this billion dollar settlement with the government some we will be looking for any news on that. i want to show you this. gallup poll shows consumer confidence its sharpest won week drop after the collapse of lehman brothers in 2008. three times as many people now say the economy is in poor shape as those who say it's doing well. with your 300 and some point rally on this friday morning, let's just remember congress still has a lot of room to mess up your nest egg so keep up the pressure, everybody. >> indeed. indeed. >> christine romans, really angry all week. there are signs of hope of a possible deal but you're right. there's a long way to go until they get something doin
those decisions aimed at cutting exposure should a debt ceiling disaster occur. let me be clear. that means that team running big money, big players of the market are not just going assume that washington is fixing this. trading revenue is expected to be week. analysts looking for less than stellar loan growth and they will be watching what is happening in the banks. also is jp morgan and jamie dimon close to this billion dollar settlement with the government some we will be looking for any...
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Feb 19, 2013
02/13
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the package of cuts came from the 2011 debt ceiling deal, and it was never meant to go into effect. during the presidential campaign, mr. obama said as much. >> it will not happen. >> reporter: but congress has not been table to reach a compromise that would replace these cuts with smarter deficit reduction. so the sword is about to fall. among the immediate effects, funding cuts for 70,000 kids on head start, possible five-hour waits to get through security at the airport, deployment of one aircraft carrier has been postponed, and the navy has suspended overhaul of another. that's not to mention temporary layoffs, including first responders, like the ones behind the president. >> now, if congress allowed this meat cleaver approach to take place, it will jeopardize our military readiness, it will eviscerate job-creatie ining investment. >> reporter: in a statement, senator mitch mcconnell slammed the president, saying today's event at the white house proves, once again, that more than three months after the november election, president obama still prefers campaign events to common s
the package of cuts came from the 2011 debt ceiling deal, and it was never meant to go into effect. during the presidential campaign, mr. obama said as much. >> it will not happen. >> reporter: but congress has not been table to reach a compromise that would replace these cuts with smarter deficit reduction. so the sword is about to fall. among the immediate effects, funding cuts for 70,000 kids on head start, possible five-hour waits to get through security at the airport,...
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Sep 28, 2013
09/13
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people would get their social security checks, for example but if the debt ceiling is not raised it's a whole other story. no debt ceiling at all you the date is important here. that's the date that the u.s. will have less than $30 billion on hand and the government can't borrow money. just means just like when your bank account is empty and you can't find a source of cash, the government will stop paying their bills. interest on debt, to like china, right? maybe social security. we can't pay social security to seniors. and medicare and medicare. you got 110 million people on one of those programs and you don't have enough cash on hand to cover all of them. worst, we may not really know what's going to happen. markets hate uncertainty. what happens to your nest egg if the government has interest rates spike and we had hundreds of billions of additional glars that borrowing costs. we don't know the consequences for sure until we get there and once we get there it's too dangerous. >> cnn business anchor christine romans, thank you. >>> still to come on "new day," religious hardliners ha
people would get their social security checks, for example but if the debt ceiling is not raised it's a whole other story. no debt ceiling at all you the date is important here. that's the date that the u.s. will have less than $30 billion on hand and the government can't borrow money. just means just like when your bank account is empty and you can't find a source of cash, the government will stop paying their bills. interest on debt, to like china, right? maybe social security. we can't pay...
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but president obama clearly is wrong about that, just as he's wrong about the history of the debt ceiling and the history of the continuing resolution. >> let me interrupt you. because he said after those two government shut down, one for about a week, one for about three week the, it was only then that you and president clinton decided to begin engaging in a sensible way and all those things you just talked about, the balanced budget, the program, the taxes, all that was worked out in a sensible way. it wasn't worked out during the showdown. >> that's just plain factually wrong. as president clinton indicated recently on piers morgan, he and i talked regularly. we talked all the way through the process. it was covered by the news media. they knew that we were going down to meetings at the white house. we began to sort out what we could agree on. and you know, the other thing that was much more candid back then, i went back and reviewed some material after the president's comment today. president obama like does say that the congress is being unreasonable. i made a point back then that pr
but president obama clearly is wrong about that, just as he's wrong about the history of the debt ceiling and the history of the continuing resolution. >> let me interrupt you. because he said after those two government shut down, one for about a week, one for about three week the, it was only then that you and president clinton decided to begin engaging in a sensible way and all those things you just talked about, the balanced budget, the program, the taxes, all that was worked out in a...
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Sep 20, 2013
09/13
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as the congressman rightfully noted on the debt ceiling. >> i believe no one wants to shut the government down. but they're like we don't want to shut it down as long as i get my own way. i find it deeply frustrating. what about john boehner? you look at the public and you look at the polls and they blame the gop for this loud and spanking clear, right? john boehner was totally against this obamacare move. and yet now he's doing it. does he have control over the party? >> he is at risk of losing control over his caucus, which is why he's doing this to try to keep control. what he's doing to them is saying here's your carrot. i'm going to give you the vote even though i think it's a bad idea. i don't think we should do this but fine. you guys have the numbers. let's do it. we're going to send it over to the senate. the challenger infor his leadership will be when it comes back. how do you avoid a government shutdown? what else do you try to give those tea party conservatives? and let's be honest here, republicans are heading into a mid-term election cycle where john boehner thinks they can
as the congressman rightfully noted on the debt ceiling. >> i believe no one wants to shut the government down. but they're like we don't want to shut it down as long as i get my own way. i find it deeply frustrating. what about john boehner? you look at the public and you look at the polls and they blame the gop for this loud and spanking clear, right? john boehner was totally against this obamacare move. and yet now he's doing it. does he have control over the party? >> he is at...
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Oct 17, 2013
10/13
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you'll ask the tea party guys to do this again, cut a deal with president obama, raise the debt ceiling again early in an election year. the leadership as they did in the end here can figure it out. the question is how much of this bubbling over in the tea party will continue? remember, their groups and people not only did they vote no, they're saying fight this. >> we lived through the supercommittee. they had an expedited process to get a grand bargain, long-beter budget deal done. what are the chances in two months members of congress can come together and get a budget blueprint? >> we don't know answer to that. the question is did they learn the lesson? the one word question this morning, leadership, will there be leadership? the president didn't cause this shutdown. a small group of republicans decided to shut down the government. they decided to threaten the debt ceiling. that's a fact. but the president who this was maybe not a mess of his making should learn the lesson about don't let them go to the deadline. bring them together more often. if they aren't getting progress done,
you'll ask the tea party guys to do this again, cut a deal with president obama, raise the debt ceiling again early in an election year. the leadership as they did in the end here can figure it out. the question is how much of this bubbling over in the tea party will continue? remember, their groups and people not only did they vote no, they're saying fight this. >> we lived through the supercommittee. they had an expedited process to get a grand bargain, long-beter budget deal done. what...
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Sep 27, 2013
09/13
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he would rather, you know, fund the government, make the fight in fact on the debt ceiling. so he's got to figure out a way to keep this caucus happy to a degree and maybe cut a deal with democrats to get something passed. the only way i can see that happening is on something that's less substantive and more procedural, maybe kick the can down the road which i know never happens in washington. >> jim, another big announcement in these remarks from president obama, talking about how he had just gotten off the phone with the president of iran. that's something that i haven't heard in quite a long time. >> 1979. >> and he referenced it, the first time u.s. and iranian presidents have spokeno
he would rather, you know, fund the government, make the fight in fact on the debt ceiling. so he's got to figure out a way to keep this caucus happy to a degree and maybe cut a deal with democrats to get something passed. the only way i can see that happening is on something that's less substantive and more procedural, maybe kick the can down the road which i know never happens in washington. >> jim, another big announcement in these remarks from president obama, talking about how he had...
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the question is can you get the government re-opened, raise the debt ceiling and then do those things? will the republicans trust the democrats to do that? or because of the suspicions will you have the revolt? >> there's the problem, trust. that's what it is. that's what it comes down to. a lot of the fight has been about strategy and many people will say that's their frustration with washington, they're more concerned about the political win rather than the ramifications and the ripple effect on the economy and the country. but it is a -- the reality is it is about strategy. there's a moment caught on a hot mike between mitch mcconnell and rand paul talking about just that, strategy. let's listen to that again. >> i'm all wired up here. >> i just did cnn. i just go over and over again, we're willing to compromise. i'm willing to negotiate. i don't think they poll tested that we won't negotiate. i think it's awful for them to say that over and over again. >> i do, too. i just came back from a two-hour meeting with they will. that was basically the same view privately. >> if we keep s
the question is can you get the government re-opened, raise the debt ceiling and then do those things? will the republicans trust the democrats to do that? or because of the suspicions will you have the revolt? >> there's the problem, trust. that's what it is. that's what it comes down to. a lot of the fight has been about strategy and many people will say that's their frustration with washington, they're more concerned about the political win rather than the ramifications and the ripple...
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Feb 25, 2013
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and then again we have the debt ceiling coming later in the spring. >> i get a headache just thinking about all of that. >> absolutely. the one question is can the government handle the cuts? can agencies actually, you know, can the traffic, air traffic controllers cut 7% from their budget? and we don't know the answer to that. a lot of doom and gloom out there says no, this is going to be catastrophic. the other question is, can the economy handle sucking $85 million out of the economy this year? the congressional budget office says that will cost 650,000 jobs. that's the other reason the sequester was supposed to be so odious to the politicians. it didn't just cut it like a scalpel it did it all at once, rather than over a longer period. >> go ahead, gloria. >> it just seems to me that it all depends what the default setting it. what you're going to go back to, okay. so when the fiscal cliff was hanging over their heads, that meant, uh-oh, americans were going to get tax increases. that couldn't happen. when the debt ceiling was hanging over their heads, that meant, uh-oh, the faith
and then again we have the debt ceiling coming later in the spring. >> i get a headache just thinking about all of that. >> absolutely. the one question is can the government handle the cuts? can agencies actually, you know, can the traffic, air traffic controllers cut 7% from their budget? and we don't know the answer to that. a lot of doom and gloom out there says no, this is going to be catastrophic. the other question is, can the economy handle sucking $85 million out of the...
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. >> reporter: as for that idea of a short-term debt ceiling increase, a top house republican aide said that would have to go along with some spending cuts but, at this point, white house officials that is not going to happen. jim acosta, cnn, the white house. >>> insurance companies and the obama administration are insisting there is enough time to fix the obama care online enrollment system before the start getting coverage on january 1st. the system had been playing with capacity and other problems since it launched last week but they say now the enrollments are coming in at a much steadier face. >>> john dobson a book he wrote is blocked by his superiors and say it could have a negative effect on morale but the aclu is fighting back saying it is a part of his free speech rights. they say he can't profit from anything while being a special agent. >>> hearing a challenge to campaign finance laws that limit on how much individuals can give candidate political parties and political action committees in a two-year election cycle, the limits have been in place since the 1970s but the oppo
. >> reporter: as for that idea of a short-term debt ceiling increase, a top house republican aide said that would have to go along with some spending cuts but, at this point, white house officials that is not going to happen. jim acosta, cnn, the white house. >>> insurance companies and the obama administration are insisting there is enough time to fix the obama care online enrollment system before the start getting coverage on january 1st. the system had been playing with...
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Feb 23, 2013
02/13
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that will come as a result. >> the forced budget cut were created during the 2011 debt ceiling debacle passed by congress and signed by the white house. a worst case scenario that would be so bad, it would force lawmakers to make a deal. now it's become a poison pill that the nation may have to swallow beginning march 1st. and if it happens it, 70,000 children kicked off head start programs putting more than 14,000 teaching and staff jobs at risk. fewer inspections for things like horse meat in your burgers. cuts to mental health programs mean almost 400,000 seriously mentally ill people will go untreated. homeland security drawdowns would result in longer wait times at airports and scaled back cyber security would mean more vulnerability to attacks from hackers in china and at home threatening our tra structure. furloughs and layoffs would affect more than 8 huchb,000 workers in the defense industry at the same time that north korea is testing a nuclear bomb. cuts at the irs would mean fewer tax return reviews and longer waits to get refunds. more than 100,000 people would be thrown o
that will come as a result. >> the forced budget cut were created during the 2011 debt ceiling debacle passed by congress and signed by the white house. a worst case scenario that would be so bad, it would force lawmakers to make a deal. now it's become a poison pill that the nation may have to swallow beginning march 1st. and if it happens it, 70,000 children kicked off head start programs putting more than 14,000 teaching and staff jobs at risk. fewer inspections for things like horse...
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Sep 30, 2013
09/13
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the real issue here is the debt ceiling negotiation. that's going to be the most important piece and let's get america back together and debbie to your point about pre-existing conditions, we want to cover preexisting conditions as well. your side cut off the pool money so that you could advertise for obamacare. i too inthat amazing. >> let's end it on this notion, yes, no, on it. representative ellmers can you say you know any bill will come through the house that doesn't involve obamacare but involves funding the government? >> i believe we are confident in the idea we will keep the federal government going. it's wrong for me to speculate on what it will lock like. >> so no answer from you. on the democrat side, if a bill comes through, it is checked in some way to obamacare, will you act on that at all? >> we don't control what happens in the house of representatives. what i can tell you is that a bill should come back from the united states senate without anything related to obamacare to keep the government functioning, to make sure
the real issue here is the debt ceiling negotiation. that's going to be the most important piece and let's get america back together and debbie to your point about pre-existing conditions, we want to cover preexisting conditions as well. your side cut off the pool money so that you could advertise for obamacare. i too inthat amazing. >> let's end it on this notion, yes, no, on it. representative ellmers can you say you know any bill will come through the house that doesn't involve...
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Feb 20, 2013
02/13
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what spending are you willing to cut to replace it? the white house fires back pointing out boehner seems satisfied when it was all set in motion two years ago as part of the debt ceiling deal of 2011. >> when you look at this deal that i came with the white house, i got 98% of what i wanted. i'm pretty happy. >> max baulk cause saying that the president shares some of -- as you mentioned, at the top of this piece, wolf, the president is speaking with a number of local tv stations around the country. it's part of the white house plan to go over the heads of congress and sort of sell the administration's position on these forced budget cuts to the american people and, wolf, i had a chance to ask a top gop aide up on capitol hill whether or not the administration is engaging in any new outreach with members of congress, with leaders on the republican side up on capitol hill and the word i got back from that aide was no new outreach, no old anything. there are signs that the white house is not even sure as to the extent of these sequester
what spending are you willing to cut to replace it? the white house fires back pointing out boehner seems satisfied when it was all set in motion two years ago as part of the debt ceiling deal of 2011. >> when you look at this deal that i came with the white house, i got 98% of what i wanted. i'm pretty happy. >> max baulk cause saying that the president shares some of -- as you mentioned, at the top of this piece, wolf, the president is speaking with a number of local tv stations...
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a deal on the fiscal cliff, pushed back the debt ceiling issue so that they can breathe a little bit and try and move away from just these fiscal issues. now on the horizon there are lots of house republicans, particularly younger ones, who say let's cut the defense budget, let those automatic spending cuts take place, and there are lots of senior republicans who say, not so fast. so that's going to be a problem within the republican party as we look ahead. >> where does karl rove and his new super pac fit into that? >> did you ever think republicans would call him a rhino, republican in name only. here you go. i've always thought of karl rove as a conservative. what's going on is his pac has said, you know what, we are tired of someone associated with his pac said to me, quote, the novelty of losing elections has worn off, and what they've decided to do is to start putting their money in primaries. they want to vet republican primary candidates so that by the time they get to the general election they believe they have qualified vetted candidates who can actually win. conservatives
a deal on the fiscal cliff, pushed back the debt ceiling issue so that they can breathe a little bit and try and move away from just these fiscal issues. now on the horizon there are lots of house republicans, particularly younger ones, who say let's cut the defense budget, let those automatic spending cuts take place, and there are lots of senior republicans who say, not so fast. so that's going to be a problem within the republican party as we look ahead. >> where does karl rove and his...